State Bank of India
Last updated: 14 September 2025
Benefits & Features
Explore key benefits designed to maximize your lifestyle
Welcome Offer
Complimentary Paytm First membership worth Rs. 899 post first retail transaction, offering benefits up to Rs 25,000.
Rewards Rate
Earn 3% cashback on Paytm Mall, movies, travel; 2% on other Paytm App spends; 1% on other transactions.
Reward Type
Cashback
Reward Redemption
Cashback can be redeemed against Paytm Gift voucher balance; minimum redemption of Rs 100.
Insurance Coverage
Liability Protection cover of Rs 1,00,000 for fraudulent transactions reported within specified time.
Movie
Earn 3% cashback on every Rs. 100 spent on movies booked via Paytm.
Travel Benefits
Earn 3% cashback on every Rs. 100 spent on travel booked via Paytm.
What matters, explained clearly
Detailed evaluation to help you make the right decision
Frequently Asked Questions
Clear, concise answers to help you understand this card better.
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